Harbour Energy acquires Waldorf Energy Partners and Waldorf Production's UK subsidiaries
Type: Acquisition · Technology: Oil Gas · Country: United Kingdom · Value: $163M · Announced: 2026-07-13
Harbour Energy has completed its acquisition of substantially all the UK subsidiaries of Waldorf Energy Partners and Waldorf Production for $163 million. The transaction, initially announced in December 2025, strengthens Harbour Energy's position in the UK North Sea. This acquisition adds approximately 20,000 barrels of oil equivalent per day (boepd) of predominantly oil-weighted production and around 35 million boe of 2P reserves to Harbour's portfolio. It also increases Harbour's operated interest in the Catcher field to 90% from 50% and adds a 29.5% non-operated stake in the Kraken oil field. The deal is expected to generate operational and financial synergies and release around $350 million of cash previously posted against Waldorf's decommissioning liabilities.
Counterparties
- Waldorf Energy Partners (Seller)
- Waldorf Production (Seller)
- Harbour Energy (Buyer)